Giving Strategies: 3 Reasons to Plan Your Giving
Happy New Year! Start the year off right with setting a giving goal. Here are three reasons you should plan your giving!
- It will bring you more JOY
I love to travel! But it is not just the week blocked off in my calendar that brings me joy. It is the months leading up, planning the best routes, poring over the maps, exploring all the things to do, finding the best places to stay. All of these things get me dreaming of what is to come. The same goes for giving; if you plan ahead, you can research causes and charities and the work that they do. You may want to check out their blogs, social media, and other information to see the stories of positive change. These things will help make you feel a part of the impact, seeing the difference your donations make.
- You will end up Giving More Effectively
Through planning ahead you will end up giving more and paying less tax. Think through the how much you will make this year and what the best way to give is. Talk to your financial professional. Do you have appreciated securities? (I don’t think any of us have appreciated ones from this year, but you still may have gains from mutual funds you have invested in over the years). Donating these directly is more beneficial than giving cash, and GiveWise makes the process straightforward!
- Multiply your Generosity!
By planning now, it gives you the opportunity to get your kids or parents involved. After you are familiar with a cause it is fun to bring on others to create a larger impact. People will often give to who and what they trust in and if you have already done your homework, others can benefit from that by jumping on board the cause.
So get started today with the help of a GiveWise Giving Fund. If you don’t yet have an account, start today so that you will only have one tax receipt for 2023!